Xin Hwa Holdings Bhd’s wholly owned subsidiary, Xin Hwa Trading & Transport Sdn Bhd, has been awarded a transportation and logistics contract valued at approximately RM3.44 million by Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE).
In a statement, Xin Hwa said the contract involves providing specialised transportation services to support MMHE’s operations, reflecting the group’s continued expertise in delivering logistics solutions for industrial and heavy engineering clients. The contract underscores Xin Hwa’s position as a trusted partner in transportation and supply chain management within Malaysia’s industrial sector.
The company noted that the contract is expected to contribute positively to its revenue and earnings during the execution period. Specific details on the duration of the contract or the scope of work were not disclosed, but the assignment is aligned with Xin Hwa’s strategy of securing long-term, high-value contracts that leverage its operational capabilities and fleet resources.
Xin Hwa Trading & Transport, as the logistics arm of the group, provides a wide range of services, including heavy equipment transport, project logistics, and specialized haulage. Over the years, the subsidiary has established a track record of handling complex transport projects, particularly for clients in the manufacturing, construction, and energy sectors.
The award from MMHE, a key player in Malaysia’s marine and heavy engineering industry, further strengthens Xin Hwa’s strategic footprint in industrial logistics, providing opportunities to expand its client base and reinforce its market reputation.
This contract is part of Xin Hwa Holdings’ broader growth strategy to diversify its revenue streams beyond conventional trading operations, tapping into high-value logistics and transportation projects that complement its core business.
The group said it will make further announcements as the project progresses and additional material developments occur. Investors and stakeholders are likely to view the contract positively, given the stable demand for industrial logistics services and Xin Hwa’s established expertise in the sector.
